EMU: PMI Manufacturing contracts further in March

FXstreet.com (Barcelona) - Eurozone PMI Manufacturing fell to 46.8 points in March, from 47.9 points in February, according to data released today by Markit. This result is more positive than the projected decline to 46.6 points.

Apr 2, 2013

Forex Flash: EM Central Banks selling EUR - Nomura

Nomura strategists Jens Nordvig and Ankit Sahni note that the IMF released its “Composition of Official Foreign Exchange Reserves” (COFER) data for Q4 yesterday.

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Apr 2, 2013

Forex: EUR/GBP erases gains after poor manufacturing PMI in Europe

The EUR/GBP was subject of demand earlier, ahead of the London opening, as the market was getting ready for the Markit manufacturing PMI data. The cross peaked at 0.8452 high and quickly retraced it all back to the opening price at 0.8436 ahead of the UK data, including manufacturing PMI and money supply.

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